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Atmos Energy（ATO）与UGI CORP（UGI）财务数据对比。点击上方公司名可切换其他公司
UGI CORP的季度营收约是Atmos Energy的1.5倍（$2.1B vs $1.3B）。Atmos Energy净利率更高（30.0% vs 14.4%，领先15.6%）。Atmos Energy同比增速更快（14.2% vs 3.9%）。UGI CORP自由现金流更多（$-155.0M vs $-725.3M）。过去两年UGI CORP的营收复合增速更高（-7.5% vs -9.7%）
Atmos Energy总部位于美国得克萨斯州达拉斯，是美国规模最大的纯天然气分销商之一，业务覆盖美国9个州的1400多个社区，为东起蓝岭山脉、西至落基山脉区域内的约300万天然气用户提供服务。
UGI公司是总部位于美国宾夕法尼亚州普鲁士王市的能源企业，主营天然气与电力配送业务，布局覆盖范围广泛，在美国本土及欧洲地区均拥有成熟运营网络，为当地用户提供稳定可靠的能源配送服务。
ATO vs UGI — 直观对比
营收规模更大
UGI
是对方的1.5倍
$1.3B
营收增速更快
ATO
高出10.3%
3.9%
净利率更高
ATO
高出15.6%
14.4%
自由现金流更多
UGI
多$570.3M
$-725.3M
两年增速更快
UGI
近两年复合增速
-9.7%
损益表 — Q1 2026 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $2.1B |
| 净利润 | $403.0M | $297.0M |
| 毛利率 | — | — |
| 营业利润率 | 38.3% | 22.0% |
| 净利率 | 30.0% | 14.4% |
| 营收同比 | 14.2% | 3.9% |
| 净利润同比 | 14.5% | -20.8% |
| 每股收益（稀释后） | $2.44 | $1.34 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收ATOUGI
| Q4 25 | $1.3B | $2.1B | ||
| Q3 25 | $737.5M | $1.2B | ||
| Q2 25 | $838.8M | $1.4B | ||
| Q1 25 | $2.0B | $2.6B | ||
| Q4 24 | $1.2B | $2.0B | ||
| Q3 24 | $657.9M | $1.2B | ||
| Q2 24 | $701.5M | $1.4B | ||
| Q1 24 | $1.6B | $2.4B |
净利润ATOUGI
| Q4 25 | $403.0M | $297.0M | ||
| Q3 25 | $174.9M | $-13.0M | ||
| Q2 25 | $186.4M | $-163.0M | ||
| Q1 25 | $485.6M | $479.0M | ||
| Q4 24 | $351.9M | $375.0M | ||
| Q3 24 | $134.0M | $-273.0M | ||
| Q2 24 | $165.6M | $-48.0M | ||
| Q1 24 | $432.0M | $496.0M |
毛利率ATOUGI
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 60.0% | — | ||
| Q4 24 | 80.1% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 62.1% | — |
营业利润率ATOUGI
| Q4 25 | 38.3% | 22.0% | ||
| Q3 25 | 29.8% | 1.1% | ||
| Q2 25 | 30.1% | -6.8% | ||
| Q1 25 | 32.2% | 26.6% | ||
| Q4 24 | 39.1% | 24.5% | ||
| Q3 24 | 28.1% | -20.4% | ||
| Q2 24 | 31.4% | 5.0% | ||
| Q1 24 | 33.4% | 29.7% |
净利率ATOUGI
| Q4 25 | 30.0% | 14.4% | ||
| Q3 25 | 23.7% | -1.1% | ||
| Q2 25 | 22.2% | -12.0% | ||
| Q1 25 | 24.9% | 18.2% | ||
| Q4 24 | 29.9% | 18.9% | ||
| Q3 24 | 20.4% | -22.6% | ||
| Q2 24 | 23.6% | -3.6% | ||
| Q1 24 | 26.2% | 20.6% |
每股收益（稀释后）ATOUGI
| Q4 25 | $2.44 | $1.34 | ||
| Q3 25 | $1.04 | $-0.08 | ||
| Q2 25 | $1.16 | $-0.76 | ||
| Q1 25 | $3.03 | $2.19 | ||
| Q4 24 | $2.23 | $1.74 | ||
| Q3 24 | $0.82 | $-1.26 | ||
| Q2 24 | $1.08 | $-0.23 | ||
| Q1 24 | $2.85 | $2.30 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $367.0M | $251.0M |
| 总债务越低越好 | $9.6B | $6.0B |
| 股东权益账面价值 | $14.3B | $5.0B |
| 总资产 | $29.8B | $15.8B |
| 负债/权益比越低杠杆越低 | 0.67× | 1.19× |
8季度趋势，按日历期对齐
现金及短期投资ATOUGI
| Q4 25 | $367.0M | $251.0M | ||
| Q3 25 | $202.7M | $335.0M | ||
| Q2 25 | $709.4M | $350.0M | ||
| Q1 25 | $543.5M | $426.0M | ||
| Q4 24 | $584.5M | $240.0M | ||
| Q3 24 | $307.3M | $213.0M | ||
| Q2 24 | $674.6M | $183.0M | ||
| Q1 24 | $262.5M | $263.0M |
总债务ATOUGI
| Q4 25 | $9.6B | $6.0B | ||
| Q3 25 | $8.9B | $6.5B | ||
| Q2 25 | $8.9B | $5.7B | ||
| Q1 25 | $8.4B | $6.6B | ||
| Q4 24 | $8.4B | $6.6B | ||
| Q3 24 | $7.8B | $6.4B | ||
| Q2 24 | $7.8B | $6.3B | ||
| Q1 24 | $7.4B | $6.7B |
股东权益ATOUGI
| Q4 25 | $14.3B | $5.0B | ||
| Q3 25 | $13.6B | $4.8B | ||
| Q2 25 | $13.4B | $4.9B | ||
| Q1 25 | $13.1B | $5.0B | ||
| Q4 24 | $12.8B | $4.6B | ||
| Q3 24 | $12.2B | $4.3B | ||
| Q2 24 | $12.2B | $4.7B | ||
| Q1 24 | $11.6B | $4.8B |
总资产ATOUGI
| Q4 25 | $29.8B | $15.8B | ||
| Q3 25 | $28.2B | $15.5B | ||
| Q2 25 | $27.7B | $15.4B | ||
| Q1 25 | $27.0B | $15.7B | ||
| Q4 24 | $26.5B | $15.4B | ||
| Q3 24 | $25.2B | $15.1B | ||
| Q2 24 | $24.9B | $15.1B | ||
| Q1 24 | $24.0B | $15.6B |
负债/权益比ATOUGI
| Q4 25 | 0.67× | 1.19× | ||
| Q3 25 | 0.66× | 1.37× | ||
| Q2 25 | 0.67× | 1.17× | ||
| Q1 25 | 0.64× | 1.32× | ||
| Q4 24 | 0.66× | 1.44× | ||
| Q3 24 | 0.64× | 1.48× | ||
| Q2 24 | 0.64× | 1.34× | ||
| Q1 24 | 0.64× | 1.40× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $308.1M | $66.0M |
| 自由现金流经营现金流 - 资本支出 | $-725.3M | $-155.0M |
| 自由现金流率自由现金流/营收 | -54.0% | -7.5% |
| 资本支出强度资本支出/营收 | 77.0% | 10.7% |
| 现金转化率经营现金流/净利润 | 0.76× | 0.22× |
| 过去12个月自由现金流最近4个季度 | $-1.6B | $282.0M |
8季度趋势，按日历期对齐
经营现金流ATOUGI
| Q4 25 | $308.1M | $66.0M | ||
| Q3 25 | $348.1M | $90.0M | ||
| Q2 25 | $496.4M | $289.0M | ||
| Q1 25 | $922.9M | $684.0M | ||
| Q4 24 | $282.0M | $164.0M | ||
| Q3 24 | $330.7M | $151.0M | ||
| Q2 24 | $411.2M | $390.0M | ||
| Q1 24 | $746.6M | $522.0M |
自由现金流ATOUGI
| Q4 25 | $-725.3M | $-155.0M | ||
| Q3 25 | $-615.5M | $-168.0M | ||
| Q2 25 | $-370.6M | $67.0M | ||
| Q1 25 | $83.3M | $538.0M | ||
| Q4 24 | $-609.2M | $-47.0M | ||
| Q3 24 | $-477.3M | $-115.0M | ||
| Q2 24 | $-302.4M | $185.0M | ||
| Q1 24 | $100.7M | $353.0M |
自由现金流率ATOUGI
| Q4 25 | -54.0% | -7.5% | ||
| Q3 25 | -83.5% | -14.4% | ||
| Q2 25 | -44.2% | 4.9% | ||
| Q1 25 | 4.3% | 20.4% | ||
| Q4 24 | -51.8% | -2.4% | ||
| Q3 24 | -72.5% | -9.5% | ||
| Q2 24 | -43.1% | 13.7% | ||
| Q1 24 | 6.1% | 14.6% |
资本支出强度ATOUGI
| Q4 25 | 77.0% | 10.7% | ||
| Q3 25 | 130.7% | 22.1% | ||
| Q2 25 | 103.4% | 16.3% | ||
| Q1 25 | 43.0% | 5.5% | ||
| Q4 24 | 75.8% | 10.6% | ||
| Q3 24 | 122.8% | 22.0% | ||
| Q2 24 | 101.7% | 15.2% | ||
| Q1 24 | 39.2% | 7.0% |
现金转化率ATOUGI
| Q4 25 | 0.76× | 0.22× | ||
| Q3 25 | 1.99× | — | ||
| Q2 25 | 2.66× | — | ||
| Q1 25 | 1.90× | 1.43× | ||
| Q4 24 | 0.80× | 0.44× | ||
| Q3 24 | 2.47× | — | ||
| Q2 24 | 2.48× | — | ||
| Q1 24 | 1.73× | 1.05× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
ATO
| Distribution Segment | $1.3B | 94% |
| Transportation Revenue | $41.5M | 3% |
| Other | $39.4M | 3% |
| Miscellaneous Revenue | $2.8M | 0% |
UGI
暂无分部数据
